January 2024 Finanical Reports

Contributed Gifts Fund
January 31, 2024
R&P 
R&P 
R&P
R&P
FINANCE
R&P
 MEMORIAL
FRANCES X.
CIVIC
DEIDRICK
HELMET
R&P
TREES &
 SWEENEY
R&P
R&P
TRIANGLE
R&P
FIELD PRESS 
R&P
DEPT.
RODEO
GENERAL 
BENCHES
 MEMORIAL
DOG PARK
PLAYGROUND
MEMORIAL
TOY BOX
BOX
CEMETERY
AUDITORIUM
FISCAL YEAR 2024
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
A/V UPGRADE
REVENUES
REC & PARKS MEMORIAL TREES & BENCHES 
DONATIONS
$500.00
REC & PARKS DOG PARK DONATIONS
$35.00
REC & PARKS TOY BOX DONATIONS
$220.00
R&P CEMETERY DONATIONS
$100.00
K9 DONATIONS
POLICE DEPT. GENERAL DONATIONS
TOTAL REVENUES
$0.00
$0.00
$500.00
$0.00
$35.00
$0.00
$0.00
$220.00
$0.00
$100.00
$0.00
EXPENDITURES
07/14/23 EAST COAST K-9 TICO
08/04/23 JP MORGAN CHASE
08/04/23 D.DRISCOLL REIMBURSEMENT
08/18/23 PETTY CASH
08/18/23 MEDIA HERE& NOW LLC
08/04/23 JP MORGAN CHASE
09/04/23 JP MORGAN CHASE
09/04/23 JP MORGAN CHASE
10/04/23 JP MORGAN CHASE
10/04/23 JP MORGAN CHASE
11/22/23 PO 240394 POSITIVE PROMOT
11/04/23 JP MORGAN CHASE
12/04/23 JP MORGAN CHASE
01/05/24 REIMB E. FREDRICS
01/04/24 JP MORGAN CHASE
01/18/24 P.O. 240505 SMOKEY O'GRADYS 
WELLNESS DINNER
TOTAL EXPENDITURES
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
NET CURRENT YEAR ACTIVITY
$0.00
$0.00
$500.00
$0.00
$35.00
$0.00
$0.00
$220.00
$0.00
$100.00
$0.00
PRIOR YEAR BALANCE
$594.72
$29.60
$1,271.39
$65.00
$725.97
$60,486.32
$1,140.00
$0.00
$12,600.00
$0.00
$151.00
CURRENT YEAR BALANCE
$594.72
$29.60
$1,771.39
$65.00
$760.97
$60,486.32
$1,140.00
$220.00
$12,600.00
$100.00
$151.00
Page 1 of 2

Contributed Gifts Fund
January 31, 2024
FISCAL YEAR 2024
REVENUES
REC & PARKS MEMORIAL TREES & BENCHES 
DONATIONS
REC & PARKS DOG PARK DONATIONS
REC & PARKS TOY BOX DONATIONS
R&P CEMETERY DONATIONS
K9 DONATIONS
POLICE DEPT. GENERAL DONATIONS
TOTAL REVENUES
EXPENDITURES
07/14/23 EAST COAST K-9 TICO
08/04/23 JP MORGAN CHASE
08/04/23 D.DRISCOLL REIMBURSEMENT
08/18/23 PETTY CASH
08/18/23 MEDIA HERE& NOW LLC
08/04/23 JP MORGAN CHASE
09/04/23 JP MORGAN CHASE
09/04/23 JP MORGAN CHASE
10/04/23 JP MORGAN CHASE
10/04/23 JP MORGAN CHASE
11/22/23 PO 240394 POSITIVE PROMOT
11/04/23 JP MORGAN CHASE
12/04/23 JP MORGAN CHASE
01/05/24 REIMB E. FREDRICS
01/04/24 JP MORGAN CHASE
01/18/24 P.O. 240505 SMOKEY O'GRADYS 
WELLNESS DINNER
TOTAL EXPENDITURES
NET CURRENT YEAR ACTIVITY
PRIOR YEAR BALANCE
CURRENT YEAR BALANCE
POLICE
POLICE
POLICE
POLICE
POLICE
DEPT.
DEPT.
DEPT.
PUBLIC 
AUSTISM
VEHICLE
K-9
GENERAL 
SAFETY
TRAINING
 CHALLENGE
 PROGRAM
DONATIONS
 DOCK
TOTAL
$2,000.00
$3,323.00
$0.00
$0.00
$2,000.00
$3,323.00
$0.00
$6,178.00
$9,950.00
$0.00
$1,905.49
$46.47
$50.00
$500.00
$230.24
$709.47
$1,701.97
($244.38)
$2,958.90
$503.27
$326.15
$2,246.98
$50.00
$326.48
$1,930.31
$0.00
$0.00
$12,320.58
$10,870.77
$0.00
$23,191.35
$0.00
$0.00
($10,320.58)
($7,547.77)
$0.00
($17,013.35)
$1,700.00
$780.11
$14,897.23
$11,234.78
$7.04
$105,683.16
$1,700.00
$780.11
$4,576.65
$3,687.01
$7.04
$88,669.81
Page 2 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2023-2024, THROUGH JANUARY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JANUARY 31, 2023
FISCAL YEAR 2024
FISCAL YEAR 2024
VARIANCE
FISCAL YEAR
FISCAL YEAR 2024
FISCAL YEAR 2024
PERCENT
FAVORABLE
2022-2023
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
GENERAL GOVERNMENT
Board of Selectmen
$207,605
$109,027
52.52%
98,578
$117,152
Registrar of Voters
$79,488
$53,132
66.84%
26,356
$65,429
Board of Finance
$70,159
$78,738
112.23%
(8,579)
$69,652
Assessor
$292,148
$163,492
55.96%
128,656
$148,322
Board of Assessment Appeals
$1,602
$223
13.93%
1,379
$314
Tax Collector
$217,865
$136,687
62.74%
81,179
$131,625
Finance Department
$747,721
$479,470
64.12%
268,252
$436,060
Legal Department
$370,000
$350,416
94.71%
19,584
$147,775
Town Clerk
$252,225
$153,562
60.88%
98,663
$193,674
Planning and Zoning
$661,210
$372,601
56.35%
288,609
$362,458
Building Maintenance
$919,233
$731,667
79.60%
187,566
$500,253
Insurance
$5,105,857
$4,760,447
93.24%
345,410
$4,407,517
Economic Development Commission
$27,447
$9,634
35.10%
17,813
$9,483
Conservation Commission
$18,250
$13,444
73.66%
4,807
$1,592
Zoning Board of Appeals
$4,310
3,091
71.71%
1,219
3,241
Retirement Commission
$7,049,737
$4,318,549
61.26%
2,731,189
$4,099,460
R.T.M.
$18,903
$14,834
78.47%
4,069
$14,811
Building Department
$297,609
$147,187
49.46%
150,422
$141,958
Youth Service Bureau
$239,827
$165,959
69.20%
73,868
$131,506
Social Service Grants/Miscellaneous
$88,182
$87,081
98.75%
1,101
$84,254
Contingency Fund
$129,972
0
0.00%
129,972
0
Emergency Management
$1,094,563
$537,105
49.07%
557,458
$572,569
Fire Services
$3,531,618
$2,431,556
68.85%
1,100,062
$2,297,232
Police Department
$6,779,340
$3,793,191
55.95%
2,986,149
$3,678,967
Public Works Department
$4,994,798
$3,216,063
64.39%
1,778,735
$3,288,968
Conservation of Health
$148,407
148,407
100.00%
(0)
148,126
Public Health Nursing
$25,911
10,000
38.59%
15,911
24,000
Senior Citizens Commission
$484,631
287,418
59.31%
197,213
252,547
Waterford Public Library
$1,006,837
$620,327
61.61%
386,510
$557,707
Page 1 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2023-2024, THROUGH JANUARY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JANUARY 31, 2023
FISCAL YEAR 2024
FISCAL YEAR 2024
VARIANCE
FISCAL YEAR
FISCAL YEAR 2024
FISCAL YEAR 2024
PERCENT
FAVORABLE
2022-2023
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
Recreation and Parks
$1,399,310
$875,486
62.57%
523,824
$1,005,397
Flood and Erosion Control Bd.
$2,138
243
11.37%
1,895
590
Ethics Commission
$900
324
36.00%
576
0
Human Resources
$259,836
$196,345
75.57%
63,491
$179,699
Information Technology
$1,165,181
$926,315
79.50%
238,866
$792,382
Transfer to Waterford Special Activity Fund
$4,750
$4,750
100.00%
0
$4,750
Transfer to Waterford Shellfish Fund
$4,134
$4,134
100.00%
0
$1,721
Transfer to Capital Improvement Fund
$2,514,192
$2,514,192
100.00%
0
$3,012,901
Transfer to Capital & Non-Recurring Fund
$2,564,150
$2,564,150
100.00%
0
$3,001,560
Transfer to Dog Fund
$100,000
$100,000
100.00%
0
$60,000
Debt Service
$8,148,250
$7,730,968
94.88%
417,282
$5,878,841
Total General Government
$51,028,296
$38,110,212
74.68%
$12,918,084
$35,824,493
Board of Education
$54,193,983
$31,259,826
57.68%
22,934,157
$29,623,500
Total General Fund
$105,222,279
$69,370,038
65.93%
$35,852,241
$65,447,993
Page 2 of 2

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2023-2024, THROUGH JANUARY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JANUARY 31, 2023
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2023-2024
YEAR
YEAR
2023-2024
2023-2024
PERCENT 2023-2024
2022-2023
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
STATE OF CONNECTICUT
EDUCATION
EQUALIZED COST SHARING
$326,444
$163,222
50.00%
(163,222)
$163,222
HEALTH & WELFARE
$6,359
$6,810
107.09%
451
$5,982
SUB TOTAL
332,803
170,032
51.09%
(162,771)
169,204
GENERAL GOVERNMENT
PILOT-DISABLED
1,200
1,486
123.80%
286
$1,946
TIERED PILOT 
315,978
347,575
110.00%
31,597
$316,181
TAX RELIEF-VETERANS
5,000
3,671
73.41%
(1,329)
$5,870
COURT FINES
0
2,323
#DIV/0!
2,323
$1,460
CIVIL PREPAREDNESS
20,000
29,445
147.23%
9,445
$19,653
TELECOMMUNICATIONS PROPERTY TAX
58,071
0
0.00%
(58,071)
$0
TOWN AID ROADS-IMPROVED
321,120
321,360
100.07%
240
$321,120
LOCAL CAPITAL IMPROVEMENT (LOCIP)
116,994
0
0.00%
(116,994)
$0
SDE STATE GRANT
14,000
10,577
75.55%
(3,423)
$7,000
ENHANCEMENT 911
22,981
16,937
73.70%
(6,044)
$16,813
MUNICIPAL REVENUE SHARE GRANT
379,498
493,810
130.12%
114,312
$373,384
GRANTS FOR MUNICIPAL PROJECTS
68,510
0
0.00%
(68,510)
$0
TOTAL GENERAL GOVERNMENT
1,323,352
1,227,183
92.73%
(96,169)
1,063,427
TOTAL STATE OF CONNECTICUT
1,656,155
1,397,215
84.37%
(258,940)
1,232,631
OTHER SOURCES
EDUCATION
TUITION
60,000
0
0.00%
(60,000)
105,931
RENT & MISCELLANEOUS
1,500
2,022
134.80%
522
1,479
SUB TOTAL
61,500
2,022
3.29%
(59,478)
107,410

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2023-2024, THROUGH JANUARY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JANUARY 31, 2023
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2023-2024
YEAR
YEAR
2023-2024
2023-2024
PERCENT 2023-2024
2022-2023
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
GENERAL GOVERNMENT
INTEREST & LIENS
291,306
184,980
63.50%
(106,326)
157,511
INTEREST ON INVESTMENTS
2,500,000
2,008,065
80.32%
(491,935)
1,091,321
RECREATION & PARKS
165,000
180,091
109.15%
15,091
166,186
FIRE SERVICES INSPECTIONS & PLAN FEES
0
950
#DIV/0!
950
0
BUILDING INSPECTOR
400,000
334,533
83.63%
(65,467)
414,455
LICENSE, FEE, PERMIT, FINE
135,309
9,281
6.86%
(126,028)
12,206
LIBRARY
0
862
#DIV/0!
862
120
SALE OF VEHICLES
0
#DIV/0!
0
683
SALE OF EQUIPMENT
1,000
60
5.97%
(940)
9,649
NL RADIO COMM. NETWORK USE FEE
72,000
0
0.00%
(72,000)
0
BULKY WASTE FEES
110,000
66,683
60.62%
(43,317)
63,113
MISCELLANEOUS
27,582
135,574
491.53%
107,992
79,194
CONVEYANCE TAX
200,000
182,644
91.32%
(17,356)
288,707
EMS-REG COMM CTR FEES
6,000
1,500
25.00%
(4,500)
3,000
PLANNING& ZONING, ZBA, CONSRV COMM
54,183
24,817
45.80%
(29,366)
36,873
TOWN CLERK FEES
175,000
84,550
48.31%
(90,450)
88,588
LIENS -COLLECTED BY UTILITY COMMISSION
0
2,860
#DIV/0!
2,860
2,780
TIPPING FEES
275,000
70,484
25.63%
(204,516)
114,236
RECYCLING
45,000
24,099
53.55%
(20,901)
35,156
COST SHARING PRR
0
0
#DIV/0!
0
187,367
TRANSFERS FROM OTHER FUNDS
0.00
770,791
#DIV/0!
770,791
154,843
TRANSFERS IN-PY ENCUMBRANCES
0
29,331
#DIV/0!
29,331
4
EUGENE O'NEILL GATE/LEASE REVENUE
10,000
0
0.00%
(10,000)
0
YSB BOE CLERICAL STIPEND
5,000
5,000
100.00%
0
5,000
RENTAL OF BUILDINGS
50,000
37,446
74.89%
(12,554)
73,226
SENIOR SERVICES
10,196
14,305
140.30%
4,109
8,945
VERSA KART/BLUE BOXES
10,000
4,990
49.90%
(5,010)
4,880
PUBLIC WORKS BOE CUSTODIAL SUBSIDY
73,218
73,218
100.00%
0
0
SUB TOTAL
4,615,794
4,247,112
92.01%
(368,682)
2,998,043
TOTAL OTHER SOURCES
4,677,294
4,249,134
90.85%
(428,160)
3,105,453
PROPERTY TAXATION
CURRENT PROPERTY TAX
95,263,203
94,095,578
98.77%
(1,167,625)
94,363,515
PRIOR YEAR TAXES
476,546
261,724
54.92%
(214,822)
187,665
TOTAL PROPERTY TAXATION
95,739,749
94,357,302
98.56%
(1,382,447)
94,551,180
TOTAL REVENUES
102,073,198
100,003,652
97.97%
(2,069,546)
98,889,264

TOWN OF WATERFORD
CAPITAL PROJECTS FUNDS
JANUARY 31, 2024
 
REMAINING
BALANCE
FUND 
DESCRIPTION
APPROPRIATION
EXPENDED
BALANCE
PCT EXP
RETURNED
424 DISTRICT MAGNET SCHOOL/EARLY CHLDHD LRN CT
21,248,892.00
21,248,807.19
84.81
100.00%
432 WATERFORD HIGH SCHOOL BUILDING PROJECT
68,362,787.00
67,786,416.66
576,370.34
99.16%
TOTALS
89,611,679.00
89,035,223.85
576,455.15
99.36%
0.00
PRIOR YEAR EXPENDITURES
89,035,223.85
CURRENT YEAR EXPENDITURES
0.00
 

TOWN OF WATERFORD
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
FLEET MANAGEMENT FUND
AS OF  JANUARY 31, 2024
  
Revenues:
   Investment Income
134,625
   Vehicle Rentals
28,463
   Sale of Vehicles
3,063
   Insurance Settlement
47,845
Total Revenues
213,994
Expenditures:
   Equipment Replacement
97,041
   Vehicle Replacement
1,557,451
Total Expenditures
1,654,492
Excess (Deficiency) of Revenues Over Expenditures
(1,440,498)
Other Financing Sources (Uses):
   Transfers from other funds
1,000,000
Total Other Financing Sources (Uses)
1,000,000
Net Change in Fund Balances
(440,498)
Fund Balances - Beginning
3,509,747
Fund Balances - Ending
3,069,250

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 JANUARY 31, 2024
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
30124-55738
BOS FY24
FLEET MANAGEMENT PLAN
1,000,000.00
1,000,000.00
0.00
100.0%
1,000,000.00 TO FLEET MANAGEMENT FUND
30716-55793
FINANCE (IT) FY16
FINANCIAL ACCOUNTING SOFTWARE
170,000.00
170,000.00
0.00
100.0%
12,491.82
31117-55803
BLDG MAINT FY17
PARKING LOT -YOUTH SERVICES
300,000.00
21,700.00
278,300.00
7.2%
31118-55803
BLDG MAINT FY18
PARKING LOT -YSB/POLICE 
195,320.00
57,000.00
138,320.00
29.2%
31120-55851
BLDG MAINT FY20
ADA IMPROVEMENTS YSB/PD
87,000.00
20,800.00
66,200.00
23.9%
31120-55852
BLDG MAINT FY20
TOWN HALL BATHROOMS
87,500.00
87,500.00
0.00
100.0%
31121-55851
BLDG MAINT FY21
ADA IMPROVEMENTS YSB/PD
80,700.00
15,139.00
65,561.00
18.8%
31122-55819
BLDG MAINT FY22
UST REPLACEMENT               
250,000.00
247,769.41
2,230.59
99.1%
31122-55892
BLDG MAINT FY22
AC UNIT REPLACMENT RADIO SITES
60,500.00
60,500.00
0.00
100.0%
13,460.85
31122-55893
BLDG MAINT FY22
EUGENE O'NEILL  ROOF REPLACE  
60,767.64
60,767.64
0.00
100.0%
31123-55904
BLDG MAINT FY23
UST REPLACEMENT EUGENE O'NEILL
260,000.00
82,897.82
177,102.18
31.9%
31123-55905
BLDG MAINT FY23
UST REPLACEMENT LIBRARY&PUBLIC SAFETY
420,000.00
400,502.00
19,498.00
95.4%
31123-57857
BLDG MAINT FY23
CIVIC TRIANGLE UPGRADES       
1,012,390.00
1,012,386.61
3.39
100.0%
31124-55912
BLDG MAINT FY24
TOWN DOCK REPLACEMENT         
40,000.00
0.00
40,000.00
0.0%
31124-55913
BLDG MAINT FY24
JORDAN PARKHOUSE REPAIRS      
25,000.00
0.00
25,000.00
0.0%
31124-55915
BLDG MAINT FY24
SEPTIC REPLMT (EUGENE O'NEILL)
43,500.00
39,304.00
4,196.00
90.4%
32224-55908
EMERGENCY MANAGEMENT FY24
APCO INTELLICOM GUIDECARD SYST
40,000.00
40,000.00
0.00
100.0%
32224-55909
EMERGENCY MANAGEMENT FY24
EVENTIDE NEXLOGDX RECORDER    
88,701.00
0.00
88,701.00
0.0%
32323-55900
FIRE SERVICES FY23
COHANZIE EMERGENCY GENERATOR
57,000.00
60,000.00
(3,000.00)
105.3%
32323-55907
FIRE SERVICES FY23
PAGERS UPGRADE/REPLACEMNENT
25,000.00
24,179.40
820.60
96.7%
33020-55850
PUBLIC WORKS FY20
CROSS ROAD                    
2,754,000.00
2,754,000.00
0.00
100.0%
881,507.03
33020-59300
PUBLIC WORKS FY20
FUNDING OFFSET-CROSS ROAD                    
(2,754,000.00)
(2,754,000.00)
0.00
100.0%
(142,358.40)
33021-55867
PUBLIC WORKS FY21
REMOVE UST COHANZIE FIRE
348,790.00
348,790.00
0.00
100.0%
0.08
33022-55882
PUBLIC WORKS FY22
NORMAN/CONCRETE PANELS        
80,100.00
108,584.98
(28,484.98)
135.6%
33022-55883
PUBLIC WORKS FY22
WILLIAM ST CONCRETER SIDEWALK 
42,300.00
56,762.00
(14,462.00)
134.2%
33022-55884
PUBLIC WORKS FY22
SUMMER STREET/CONCRETE SW     
33,420.00
32,505.00
915.00
97.3%
33022-55885
PUBLIC WORKS FY22
DAVID STREET/CONCRETE SW      
43,680.00
60,995.00
(17,315.00)
139.6%
33023-55890
PUBLIC WORKS FY23
ROAD RESURFACING EVERSOURCE AF
315,951.00
(812,716.58)
1,128,667.58
-257.2%
33023-55901
PUBLIC WORKS FY23
CURB REPLACEMENT SANDY HOLLW
319,300.00
10,720.56
308,579.44
3.4%
Page 1 of 2

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 JANUARY 31, 2024
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
33023-55902
PUBLIC WORKS FY23
RD RESURFACING SEC A, AREA 3          
325,915.00
199,382.06
126,532.94
61.2%
33024-55911
PUBLIC WORKS FY24
BLOOMINGDALE/HUNTS BRK CULVERT
15,000.00
15,000.00
0.00
100.0%
33024-55914
PUBLIC WORKS FY24
ROTARY LIFT REPLACEMENTS      
75,000.00
74,972.00
28.00
100.0%
33121-55871
UTILITY COMM FY21
EVERGREEN PUMP STATION
375,000.00
375,000.00
0.00
100.0%
5,690.08
33122-55894
UTILITY COMM FY22
CONTROL PANEL RETRO-FIT (GORMA
30,000.00
0.00
30,000.00
0.0%
33123-55019
UTILITY COMM FY23
CONTRACT #1 SEWER INTERCEPTOR EASEMENT ACCESS
250,000.00
75,200.00
174,800.00
30.1%
33123-55895
UTILITY COMM FY23
ROOF & SIDING REPLACEMENT     
50,000.00
5,209.66
44,790.34
10.4%
33123-55906
UTILITY COMM FY23
WUC BILLING SOFTWARE
130,000.00
130,000.00
0.00
100.0%
33720-55854
REC & PARKS FY20
LEARY BASKETBALL COURT REBUILD
91,000.00
0.00
91,000.00
0.0%
33720-55855
REC & PARKS FY20
TOWN HALL BASKETBALL COURT REP
41,000.00
0.00
41,000.00
0.0%
33722-55896
REC & PARKS FY22
EQUIPMENT STORAGE PLAN        
21,000.00
16,750.00
4,250.00
79.8%
33723-55838
REC & PARKS FY23
CHILDREN'S PLAYGROUND
40,000.00
0.00
40,000.00
0.0%
34723-55021
INFORMATION TECHNOLOGY  FY23
AUDITORIUM MEETING ROOM UPDATES
272,000.00
86,819.78
185,180.22
31.9%
34724-55910
INFORMATION TECHNOLOGY  FY24
NEXGEN TRANSITION             
309,520.00
302,783.90
6,736.10
97.8%
TOTALS
7,512,354.64
4,487,204.24
3,025,150.40
59.7%
1,770,791.46
PRIOR YEAR EXPENDITURES
1,408,500.81
CURRENT YEAR EXPENDITURES
3,078,703.43
Page 2 of 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE DESIGNATION AND APPROPRIATION
JULY 1,2023 TO JUNE 30,2024
AS OF JANUARY 31,2024
BEGINNING 
FY24 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2023-2024
ENCUMBERED/ BAL (REVERTS
INTEREST 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED
DESIGNATED UNDESIGNATED
EXPENDED
TO FUND)
INC
APPROPRIATED
DESIGNATEDUNDESIGNATED
20501-57639
REVALUATION
($6,547.47)
$332,700.00
$0.00
$75,000.00
$6,547.47
$17,255.80
($17,255.80)
$407,700.00
$0.00
20511-57767
NEVINS COTTAGE STRUCTURAL REPAIRS
$20,715.00
$100,000.00
$0.00
$20,715.00
$100,000.00
$0.00
20511-57839
TOWN HALL EMERGENCY EGRESS
$41,275.00
$0.00
$0.00
$41,275.00
$0.00
$0.00
20511-57840
PLAN OF CONSERVATION DEVELOPMENT
$56,220.07
$0.00
$0.00
$56,220.07
$0.00
$0.00
$0.00
20511-57856
JORDAN VILLAGE SIDEWALKS      
$87,786.36
$0.00
$0.00
$0.00
$87,786.36
$0.00
$0.00
$87,786.36
20502-48043
JORDAN VILLAGE SIDEWALK GRANT
$0.00
$280,000.00
$0.00
$0.00
$280,000.00
$0.00
20511-57866
TOWN HALL FRONT DOOR
$18,982.73
$0.00
$0.00
$18,982.73
$0.00
$0.00
$18,982.73
20511-57870
MAGO POINT IMPROVEMENTS       
$19,125.00
$374,500.00
$0.00
$19,125.00
$0.00
$374,500.00
$0.00
20511-57871
PUBLIC SAFETY BLDG  HVAC      
$0.00
$62,045.00
$0.00
$0.00
$62,045.00
$0.00
20511-57872
ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$193,274.20
$0.00
$0.00
$178,905.00
$14,369.20
$0.00
$0.00
20511-57874
RECONDITION ELEVATORS -TOWN HALL/YOUTH SERVICES BLDG
$239,600.00
$0.00
$0.00
$239,565.00
$35.00
$0.00
$0.00
20511-57876
SW SCHOOL UNDERGROUND TANK
$122,732.32
$0.00
$0.00
$33,705.18
$89,027.14
$0.00
$0.00
20511-57879
TOWN HALL BATHROOM REFURBISHMENT
$293,871.35
$0.00
$0.00
$125,000.00
$401,230.00
$17,641.35
$0.00
$0.00
20511-57885
COMMUNITY CENTER BMS PROJECT
$0.00
$0.00
$0.00
$300,000.00
$300,000.00
($300,000.00)
$237,400.00
$62,600.00
$0.00
$0.00
20522-57794
MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$44,991.50
$500,436.00
$0.00
$44,384.00
$607.50
$500,436.00
$0.00
20522-57887
FARGO WATER TANK ANTENNA
$0.00
$0.00
$0.00
$48,998.00
$48,998.00
$0.00
$0.00
20523-57777
FIRE SERVICES -SCBA UPGRADE PROGRAM
$0.00
$0.00
$0.00
$64,000.00
$64,000.00
($64,000.00)
$62,200.00
$1,800.00
$0.00
$0.00
20523-57791
JORDAN-TRAFFIC LIGHT UPGRADE
$0.00
$25,000.00
$0.00
$0.00
$25,000.00
$0.00
20523-57792
OSWEGATCHIE-BUILDING RENOVATIONS
$212,500.00
$0.00
$0.00
$7,645.03
$204,854.97
$0.00
$0.00
20523-57836
FIRE SERVICES CARPET REPLACEMENT
$0.00
$30,000.00
$0.00
$0.00
$30,000.00
$0.00
20523-57838
FIRE SERVICES PRE EMPTION LIGHT REPAIRS
$0.00
$50,000.00
$0.00
$0.00
$50,000.00
$0.00
20529-57458
EVIDENCE ROOM & ARMORY UPDATE & RENOVATE
$36,313.33
$0.00
$0.00
$36,287.00
$26.33
$0.00
$0.00
$26.33
20530-57695
MUNICIPAL COMPLEX RENOVATION
$372,061.13
$6,100,833.00
$0.00
$17,090.06
$354,971.07
$6,100,833.00
$0.00
20507-59205
FUNDING OFFSETS DEBT SERVICE-MUNICIPAL COMPLEX
($1,251,500.00)
($6,000,000.00)
$0.00
($1,251,500.00)
($6,000,000.00)
$0.00
20530-57696
MUNICIPAL COMPLEX CLEAN UP
$4,370.23
$0.00
$0.00
$4,370.23
$0.00
$0.00
20530-57880
MAJOR/MINOR COLLECTOR ROAD PAVING
$1,313,572.12
$0.00
$0.00
$483,926.34
$829,645.78
$0.00
$0.00
20530-57886
OLD NORWICH ROAD PAVING
$0.00
$0.00
$0.00
$1,053,000.00
$1,053,000.00
$0.00
$0.00
20531-55771
HARVEY AVENUE PUMP STATION REHAB
$503.58
$0.00
$0.00
$503.58
$0.00
$0.00
$503.58
20531-57685
I/I MITIGATION & CONTROL
$312,063.86
$0.00
$0.00
$28,578.00
$283,485.86
$0.00
$0.00
20531-57816
OLD NORWICH/EVERGREEN/HARVEY AVE PUMP STATION REHA
$554,835.61
$0.00
$0.00
$755,369.00
$1,098,818.70
$211,385.91
$0.00
$0.00
20531-57881
PLASTIC WATER SERVICE LINE REPLACEMENT
$532,846.44
$0.00
$0.00
$100,000.00
$181,300.00
$202,059.86
$512,086.58
$100,000.00
$0.00
Page 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE DESIGNATION AND APPROPRIATION
JULY 1,2023 TO JUNE 30,2024
AS OF JANUARY 31,2024
BEGINNING 
FY24 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2023-2024
ENCUMBERED/ BAL (REVERTS
INTEREST 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED
DESIGNATED UNDESIGNATED
EXPENDED
TO FUND)
INC
APPROPRIATED
DESIGNATEDUNDESIGNATED
20536-57848
LIBRARY HVAC UPGRADE          
$0.00
$1,091,200.00
$0.00
$1,091,200.00
($1,091,200.00)
$1,091,200.00
$0.00
$0.00
20500-49000
CT PUBLIC LIBRARY CONSTRUCTION GRANT
$0.00
($250,000.00)
$0.00
$0.00
($250,000.00)
$0.00
20537-57735
LEARY PARK ROAD /PARKING LOT
$0.00
$20,000.00
$0.00
$0.00
$20,000.00
$0.00
20537-57878
REPAIR OF PLEASURE BEACH SIDEWALK/PATH
$15,236.00
$0.00
$0.00
$0.00
$15,236.00
$0.00
$0.00
20541-57328
ALEWIFE COVE DREDGING
$0.00
$37,500.00
$0.00
$0.00
$37,500.00
$0.00
20547-47846
FIBER UPGRADE
$0.00
$0.00
$0.00
$1,126.00
$0.00
$1,126.00
$0.00
$0.00
$0.00
20547-57847
TOWN-WIDE CAMERA SYSTEM
$0.00
$85,000.00
$0.00
$84,914.00
($84,914.00)
$84,914.00
$86.00
$0.00
20547-57860
PHONE SYSTEM UPGRADE
$0.00
$16,000.00
$0.00
$581,700.00
$537,623.94
$44,076.06
$16,000.00
$0.00
20547-57861
SWITCHES
$0.00
$2,258.00
$0.00
$0.00
$2,258.00
$0.00
20547-57882
COMPUTER REPLACEMENTS
$0.00
$0.00
$0.00
$42,250.00
$0.00
$42,250.00
$0.00
20500-43600
TURF FIELD RENTAL REVENUES
$0.00
$4,815.00
$0.00
$0.00
$4,815.00
$0.00
20560-55020
CLMS CHILLER REPLACEMENTS
$788,095.00
$0.00
$0.00
$12,120.96
$775,974.04
$0.00
$0.00
20560-57822
IT LEARNING BOARDS -END OF LIFE
$50,108.35
$27,319.88
$0.00
$35,906.25
$14,202.10
$27,319.88
$0.00
20560-57828
QH 10-YR RETRO COMMISSIONING
$0.00
$30,000.00
$0.00
$0.00
$30,000.00
$0.00
20560-57833
TENNIS COURTS
$0.00
$52,300.00
$0.00
$0.00
$52,300.00
$0.00
20560-57841
BUS LOT OFFICE
$0.00
$150,000.00
$0.00
$0.00
$150,000.00
$0.00
20560-57842
SCHOOL SECURITY
$32,175.00
$0.00
$0.00
$1,982,900.00
$1,982,900.00
($1,982,900.00)
$76,832.00
$1,938,243.00
$0.00
$0.00
20560-57883
FINANCING ENERGY EFFICIENT EQUIPMENT
$0.00
$0.00
$0.00
$243,335.00
$243,335.00
$0.00
$0.00
20560-57884
CHROMEBOOK & IPAD EQUIPMENT
$0.00
$0.00
$0.00
$180,850.00
$180,242.00
$608.00
$0.00
$0.00
205-31520
UNDESIGNATED FUND BALANCE
$0.00
$0.00
$3,025,793.38
($3,177,225.47)
$354,950.72
$203,518.63
 
$4,105,206.71
$3,121,906.88
$3,025,793.38
$2,564,150.00
$6,700,239.47
($3,523,014.00)
($3,177,225.47)
$4,008,246.19
$107,299.00
$354,950.72
$6,689,900.99
$2,163,042.88
$310,817.63
Page 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF JANUARY 31, 2024
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20501-57639 REVALUATION
($17,255.80)
$407,700.00
$0.00
$390,444.20
20511-57767 NEVINS COTTAGE STRUCTURAL REPAIRS
$20,715.00
$100,000.00
$0.00
$120,715.00
20511-57839 TOWN HALL EMERGENCY EGRESS
$41,275.00
$0.00
$0.00
$41,275.00
20511-57856 JORDAN VILLAGE SIDEWALKS      
$0.00
$0.00
$87,786.36
$87,786.36
20502-48043 JORDAN VILLAGE SIDEWALK GRANT
$0.00
$280,000.00
$0.00
$280,000.00
20511-57866 TOWN HALL FRONT DOOR
$0.00
$0.00
$18,982.73
$18,982.73
20511-57870 MAGO POINT IMPROVEMENTS       
$0.00
$374,500.00
$0.00
$374,500.00
20511-57871 PUBLIC SAFETY BLDG  HVAC      
$0.00
$62,045.00
$0.00
$62,045.00
20511-57872 ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$14,369.20
$0.00
$0.00
$14,369.20
20511-57874 RECONDITION ELEVATORS -TOWN HALL/YOUTH SERVICES BLDG
$35.00
$0.00
$0.00
$35.00
20511-57876 SW SCHOOL UNDERGROUND TANK
$89,027.14
$0.00
$0.00
$89,027.14
20511-57879 TOWN HALL BATHROOM REFURBISHMENT
$17,641.35
$0.00
$0.00
$17,641.35
20511-57885 COMMUNITY CENTER BMS PROJECT
$62,600.00
$0.00
$0.00
$62,600.00
20522-57794 MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$607.50
$500,436.00
$0.00
$501,043.50
20522-57887 FARGO WATER TANK ANTENNA
$48,998.00
$0.00
$0.00
$48,998.00
20523-57777 FIRE SERVICES -SCBA UPGRADE PROGRAM
$1,800.00
$0.00
$0.00
$1,800.00
20523-57791 JORDAN-TRAFFIC LIGHT UPGRADE
$0.00
$25,000.00
$0.00
$25,000.00
20523-57792 OSWEGATCHIE-BUILDING RENOVATIONS
$204,854.97
$0.00
$0.00
$204,854.97
20523-57836 FIRE SERVICES CARPET REPLACEMENT
$0.00
$30,000.00
$0.00
$30,000.00
20523-57838 FIRE SERVICES PRE EMPTION LIGHT REPAIRS
$0.00
$50,000.00
$0.00
$50,000.00
20529-57458 EVIDENCE ROOM & ARMORY UPDATE & RENOVATE
$0.00
$0.00
$26.33
$26.33
20530-57695 MUNICIPAL COMPLEX RENOVATION
$354,971.07
$6,100,833.00
$0.00
$6,455,804.07
20507-59205 FUNDING OFFSETS DEBT SERVICE-MUNICIPAL COMPLEX
($1,251,500.00)
($6,000,000.00)
$0.00
($7,251,500.00)
20530-57696 MUNICIPAL COMPLEX CLEAN UP
$4,370.23
$0.00
$0.00
$4,370.23
20530-57880 MAJOR/MINOR COLLECTOR ROAD PAVING
$829,645.78
$0.00
$0.00
$829,645.78
20530-57886 OLD NORWICH ROAD PAVING
$1,053,000.00
$0.00
$0.00
$1,053,000.00
20531-55771 HARVEY AVENUE PUMP STATION REHAB
$0.00
$0.00
$503.58
$503.58
20531-57685 I/I MITIGATION & CONTROL
$283,485.86
$0.00
$0.00
$283,485.86
20531-57816 OLD NORWICH/EVERGREEN/HARVEY AVE PUMP STATION REHAB
$211,385.91
$0.00
$0.00
$211,385.91
20531-57881 PLASTIC WATER SERVICE LINE REPLACEMENT
$512,086.58
$100,000.00
$0.00
$612,086.58
20536-57848 LIBRARY HVAC UPGRADE          
$1,091,200.00
$0.00
$0.00
$1,091,200.00
20500-49000 CT PUBLIC LIBRARY CONSTRUCTION GRANT
$0.00
($250,000.00)
$0.00
($250,000.00)
20537-57735 LEARY PARK ROAD /PARKING LOT
$0.00
$20,000.00
$0.00
$20,000.00
20537-57878 REPAIR OF PLEASURE BEACH SIDEWALK/PATH
$15,236.00
$0.00
$0.00
$15,236.00
20541-57328 ALEWIFE COVE DREDGING
$0.00
$37,500.00
$0.00
$37,500.00
20547-57847 TOWN-WIDE CAMERA SYSTEM
$84,914.00
$86.00
$0.00
$85,000.00
20547-57860 PHONE SYSTEM UPGRADE
$44,076.06
$16,000.00
$0.00
$60,076.06
20547-57861 SWITCHES
$0.00
$2,258.00
$0.00
$2,258.00
20547-57882 COMPUTER REPLACEMENTS
$0.00
$42,250.00
$0.00
$42,250.00
Page 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF JANUARY 31, 2024
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20500-43600 TURF FIELD RENTAL REVENUES
$0.00
$4,815.00
$0.00
$4,815.00
20560-55020 CLMS CHILLER REPLACEMENTS
$775,974.04
$0.00
$0.00
$775,974.04
20560-57822 IT LEARNING BOARDS -END OF LIFE
$14,202.10
$27,319.88
$0.00
$41,521.98
20560-57828 QH 10-YR RETRO COMMISSIONING
$0.00
$30,000.00
$0.00
$30,000.00
20560-57833 TENNIS COURTS
$0.00
$52,300.00
$0.00
$52,300.00
20560-57841 BUS LOT OFFICE
$0.00
$150,000.00
$0.00
$150,000.00
20560-57842 SCHOOL SECURITY
$1,938,243.00
$0.00
$0.00
$1,938,243.00
20560-57883 FINANCING ENERGY EFFICIENT EQUIPMENT
$243,335.00
$0.00
$0.00
$243,335.00
20560-57884 CHROMEBOOK & IPAD EQUIPMENT
$608.00
$0.00
$0.00
$608.00
205-31520
UNDESIGNATED FUND BALANCE
$0.00
$0.00
$203,518.63
$203,518.63
TOTAL
$6,689,900.99
$2,163,042.88
$310,817.63
$9,163,761.50
 
Page 2

Insurance 
Administration Fund
Balance Sheet
January 31, 2024
Assets
   Cash and Cash Equivalents
10,608,691
   Accounts Receivable
4,679
Total Assets
10,613,370
Liabilities
   Accounts Payable
0
   Accrued Liabilities (IBNR)
727,000
   Due to other funds
207,313
   Advance Payments
15,278.51
$      
Total Liabilities
949,591
Net Assets
   Unrestricted
$9,663,778
Total Net Assets
$
$9,663,778